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Garden City Telegram in Garden City, Kansas

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Newspaper

Garden City Telegram

Location

Garden City, Kansas, United States of America

Date

Dec 10, 1980

Page

1

Banks Lift Prime Rate to 20 Percent Across NYC

In New York the Chase Manhattan Bank and other large banks raised their prime lending rate to 20 percent, matching last spring’s peak as the Fed tightens credit to curb inflation. Henry Kaufman of Salomon Brothers warned the rate could reach 25 percent within a year.

New York Chase Manhattan Bank Chase Federal Reserve Board Wall Street Henry Kaufman Salomon Brothers

Nobel Peace Prize awarded to Adolfo Perez Esquivel in Oslo

Adolfo Perez Esquivel of Argentina received the 1980 Nobel Peace Prize in Oslo with praise for non violence in human rights work. The ceremony was led by Prof. John Sanness, who called him an example for those striving for social and political liberty. The prize included $201,000, the Nobel medal and diploma as hundreds attended with King Olav present.

Oslo Norway Adolfo Perez Esquivel Argentina John Sanness Nobel Committee Sanness Perez Esquivel Olav

Lennon slayer Chapman held for psychiatric observation after killing

Mark David Chapman, accused of fatally shooting John Lennon, was sent to Bellevue Hospital for psychiatric evaluation after entering no plea to second degree murder in Manhattan Criminal Court. Police noted Chapman had warned of death by own action, had borrowed money to come to New York, and paid for a Hawaii purchase of a revolver. Fans mourned worldwide as Lennon’s widow Yoko Ono planned a public vigil and others recalled Lennon's safety in New York prior to the attack.

Mark David Chapman Lennon Bellevue Hospital Manhattan Chapman Herbert Adlerberg Adlerberg Paul Goresh Hawaii John Lennon Goresh Charter Arms Honolulu BBC New York Dakota Yoko Ono Sean Miss Ono John Elliot M. Gross

Wife recalls night her husband was shot

In Cimarron Patty Watson testified against Richard Salem in the murder trial of her former boyfriend. She described Salem breaking into her home at about 4:30 a.m. on August 6, threatening her, ordering Alan Watson to sit, binding him, and coordinating with Rudolph Barron in plans that included rape. Watson died a week later from a gunshot wound.

Salem Dodge City Gray County FBI Gray County Emergency Services Watson Curtis Campbell Patty Alan First Christian Church Cimarron Rudolph Barron Barron Coldwater Campbell Terry Malone Wichita K. W. Bruener Jr North Water Tower Donna Grasser Sheriff's Department David Patton Patton Bruener Grasser John Rohrbaugh Kansas Bureau of Investigation

US planes deploy to monitor Polish crisis from Germany

Four advanced radar aircraft were sent to West Germany to bolster monitoring of Soviet movements amid the Polish crisis. The first landed at Ramstein Air Base around 9 a.m. EST with two more arriving later and the fourth expected Thursday. The move is described as defensive and precautionary, linked directly to Poland. The Boston Globe also reports plans to impose economic and political sanctions if Warsaw intervenes, with withholding trade and credits as key tools. State Department officials have met European capitals biweekly since September to align contingency plans.

Washington United States West Germany Pentagon Ramstein Air Base Boston Globe Poland

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